Answers

Question and Answer:

  Home  Assistant Manager Tax

⟩ What rate firms are required to pay tax at?

Income Tax is paid at 30% of taxable income. Surcharge is charged at 10% of the Income Tax, where taxable income is more than Rs. 1 crore. (Marginal Relief in Surcharge, if applicable) and Education Cess is 3% of the total of Income Tax and Surcharge.

 185 views

More Questions for you: